SHOW-CAUSE NOTICE NO.LSE/SMD/84/2008, DATED APRIL 28, 2009 versus
Rr 8 and 12 Holdings / Shares to be forfeited and sold without the permission of a shareholder. The complainant alleged that the company had fraudulently sold its holdings / shares worth Rs 617,275 and without its permission the commission asked the company to clear the company till a clear date. About whether the complainant's holdings were sold on his instructions or otherwise, but no response was made by the company and the company was able to ensure attendance at all three despite various reminders. Failure to provide written response to showcase notice for failure. The opportunities offered by the Commission to the Company have proved that the Company does not have to say anything in its defense so that the Company does not send a written response to show cause notices, failure to comply with the Commission's direction and its Subsequently, for the protection of Brokers and Agents Regulation 2001, there was a clear violation of RR 8 and 12 in the public interest, keeping the investor capital, market integrity and keeping in mind. That the Company was neither oral nor in writing, until the investor complaint was resolved until the Company's membership was suspended. Was junk.
Related judgments — Securities and Exchange Commission of Pakistan, 2010
